📛 Fines for payment in cryptocurrency in Russia: up to 1 million and confiscation 💸

Soon, for transactions in cryptocurrency in Russia, one may not only face a fine of up to 1 million ₽ but also say goodbye to crypto forever — it will be confiscated.

🏛 The Bank of Russia and the Ministry of Finance have already submitted a bill to the State Duma.

⚖ Article 15.49 will appear in the Administrative Offenses Code — four parts, the first of which is: a ban on the use of cryptocurrency as a means of payment.

📌 Fines:

Individuals: 100–200 thousand ₽

Legal entities: 700 thousand – 1 million ₽

The Central Bank remains categorically against crypto as a means of payment within the country. However, for foreign economic activities — there may be exceptions within the framework of an experimental legal regime (ELR).

🧩 Investing in crypto in Russia will only be available to select participants. The mass market — still a no-go.

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